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I oppose the flat tax for good reason I think.

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lynndew2 Donating Member (401 posts) Send PM | Profile | Ignore Tue Nov-18-03 01:15 AM
Original message
I oppose the flat tax for good reason I think.
Some of Us are just not endowed. Why should we pay more cause we cant afford to be enhanced. OK, sorry this was a bogus thread but It seems that we are moving more this way. Sweet Dreams all and seeya all soon.
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pansypoo53219 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-18-03 01:20 AM
Response to Original message
1. 1 word
REGRESSIVE.
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Agathias Donating Member (18 posts) Send PM | Profile | Ignore Tue Nov-18-03 02:38 AM
Response to Reply #1
3. Would you still call it 'Regressive'...
... it the baseline exemption was NO tax on anyone grossing less than $18,000 / yr ?
Since only a small portion of the Federal revenue comes from the bottom third of earners, wouldn't this eliminate your concern?

Then add the dissolution of most loopholes and exemptions and the revenue from the richest 10% goes UP, even while the tax brackets are LOWERED.

A well crafted Flat Tax, which removes the burden from the poor / low-income earners, levels the tax rate for all, removes many of the methods of tax avoidance used my high-income people would actually generate even more total revenue than our current system, and should be something we ALL clammor for.

We REALLY shouldn't be screaming 'RAISE taxes!', Election Year or Not.
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newyawker99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-18-03 10:38 AM
Response to Reply #3
4. Hi Agathias!!
Welcome to DU!! :toast:
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JackSwift Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-18-03 01:32 AM
Response to Original message
2. The rich in this country are so screwing the poor
.
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